Anglo American update re. Anglo American Platinum
21 September, 2012
Anglo American plc draws attention to an announcement issued by Anglo American Platinum Limited, the text of which is set out below:
Anglo American Platinum update
Anglo American Platinum Limited (“Anglo American Platinum”) is providing an update in respect of its Rustenburg operations following resumption of those operations on Tuesday 18 September 2012.
As announced on Wednesday 19 September, the current industrial action is illegal and Anglo American Platinum has given notice to its employees that they are required to return to work. The company continues to be disappointed with the low turnout rate at its Rustenburg mines which are currently reporting less than 20% attendance. The company continues to urge employees to return to work and requires that they do so by no later than the night shift on Monday 24 September failing which legal avenues will be pursued.
The increase in police visibility and action has created an environment conducive for our employees to return to work and isolated incidents of intimidation and violence are being dealt with.
Anglo American Platinum’s Rustenburg mining operations are already under considerable economic pressure. We continue to monitor the situation closely and will provide further information once attendance rates are available on 25 September.